ALGM vs. UI, ASX, HUBB, GFS, UMC, FLEX, CLS, CRDO, ALAB, and DRS
Should you be buying Allegro MicroSystems stock or one of its competitors? The main competitors of Allegro MicroSystems include Ubiquiti (UI), ASE Technology (ASX), Hubbell (HUBB), GlobalFoundries (GFS), United Microelectronics (UMC), Flex (FLEX), Celestica (CLS), Credo Technology Group (CRDO), Astera Labs (ALAB), and Leonardo DRS (DRS). These companies are all part of the "electronic equipment" industry.
Allegro MicroSystems vs. Its Competitors
Ubiquiti (NYSE:UI) and Allegro MicroSystems (NASDAQ:ALGM) are both computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their media sentiment, dividends, risk, analyst recommendations, earnings, valuation, profitability and institutional ownership.
Ubiquiti presently has a consensus target price of $343.50, indicating a potential downside of 15.20%. Allegro MicroSystems has a consensus target price of $30.00, indicating a potential downside of 13.11%. Given Allegro MicroSystems' stronger consensus rating and higher possible upside, analysts plainly believe Allegro MicroSystems is more favorable than Ubiquiti.
4.0% of Ubiquiti shares are held by institutional investors. Comparatively, 56.5% of Allegro MicroSystems shares are held by institutional investors. 93.1% of Ubiquiti shares are held by insiders. Comparatively, 0.4% of Allegro MicroSystems shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Ubiquiti has a beta of 1.34, meaning that its stock price is 34% more volatile than the S&P 500. Comparatively, Allegro MicroSystems has a beta of 1.75, meaning that its stock price is 75% more volatile than the S&P 500.
In the previous week, Allegro MicroSystems had 9 more articles in the media than Ubiquiti. MarketBeat recorded 10 mentions for Allegro MicroSystems and 1 mentions for Ubiquiti. Ubiquiti's average media sentiment score of 1.23 beat Allegro MicroSystems' score of 0.79 indicating that Ubiquiti is being referred to more favorably in the media.
Ubiquiti has a net margin of 23.65% compared to Allegro MicroSystems' net margin of -10.07%. Ubiquiti's return on equity of 217.49% beat Allegro MicroSystems' return on equity.
Ubiquiti has higher revenue and earnings than Allegro MicroSystems. Allegro MicroSystems is trading at a lower price-to-earnings ratio than Ubiquiti, indicating that it is currently the more affordable of the two stocks.
Summary
Ubiquiti beats Allegro MicroSystems on 10 of the 16 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding ALGM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Allegro MicroSystems Competitors List
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This page (NASDAQ:ALGM) was last updated on 7/2/2025 by MarketBeat.com Staff
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